The Chinese sovereign wealth fund, which has approximately $200 billion of assets under management, will use MSCI Barra to "identify, assess and monitor major types of risk" involved in its investment activity and asset management, said Xiangjun Guo, managing director of CIC's risk management department in Beijing.
Guo's department is responsible for building and enforcing a company-wide risk management process. "One of the reasons we chose to use Barra Analytics was the clear and detailed view of risk it provides," Guo added.
MCSI Barra risk models and portfolio analytics cover 56 equity and 46 fixed-income markets. The company is majority owned by Morgan Stanley.
The week on Risk.net, December 2–8, 2016Receive this by email